Bitcoin's Initial Listing: Date and Price Analysis

Bitcoin, the first decentralized cryptocurrency, was introduced to the world on January 3, 2009, by an anonymous person or group known as Satoshi Nakamoto. The digital currency was initially released as open-source software and was not listed on any traditional exchange at that time. Instead, it gained value through peer-to-peer trading on platforms like BitcoinTalk and later on early exchanges like Mt. Gox.

The first recorded price of Bitcoin was in October 2009, when New Liberty Standard published an exchange rate of 1,309.03 BTC to 1 USD, which valued one Bitcoin at approximately $0.000764. This valuation was based on the cost of electricity needed to mine Bitcoin at the time. The first commercial transaction using Bitcoin occurred in May 2010, when Laszlo Hanyecz famously paid 10,000 BTC for two pizzas, valuing Bitcoin at roughly $0.0025 per coin.

Over the years, Bitcoin's price has experienced extreme volatility. In 2013, Bitcoin reached $1,000 for the first time, only to crash soon after. The cryptocurrency gained mainstream attention and saw significant price surges in subsequent years, reaching an all-time high of over $60,000 in 2021. The fluctuations in Bitcoin's price can be attributed to various factors, including regulatory news, market sentiment, technological advancements, and macroeconomic conditions.

Understanding Bitcoin's initial listing and price history is crucial for anyone interested in the cryptocurrency market. The journey from being virtually worthless to becoming a highly valued asset highlights the potential and risks associated with digital currencies. Investors and enthusiasts should be aware of the historical context to better navigate the ever-changing landscape of cryptocurrency investments.

In conclusion, Bitcoin's initial listing and price history offer a fascinating glimpse into the evolution of digital currencies. From its humble beginnings as an experimental project to its current status as a global financial phenomenon, Bitcoin has defied expectations and continues to shape the future of finance.

Table 1: Key Milestones in Bitcoin's Price History

Date	Event	Bitcoin Price
January 3, 2009	Bitcoin's Genesis Block Mined	N/A
October 2009	First Recorded Price	$0.000764
May 2010	First Commercial Transaction	$0.0025
November 2013	Bitcoin Reaches $1,000	$1,000
December 2017	Bitcoin Hits $19,000	$19,000
April 2021	Bitcoin Surpasses $60,000	$60,000+

Bitcoin's price history is a testament to the growing adoption and interest in cryptocurrencies. The digital asset has come a long way from its initial days and continues to be a subject of intrigue and speculation in the financial world.